Captive management and administration requires considerable expertise, including accounting, legal and fiscal, consolidation, insurance, reinsurance and actuarial know-how. Many large enterprises are accustomed to dealing with a host of service providers, while benefiting from centralised captive management services streamlines procedures, particularly in terms of coordination, communication and follow up. In addition, appealing to an independent captive manager is vital to ensure the compliance of the captive's strategy with its parent group's objectives and to avoid other external influences.

To meet the specific needs of each client in terms of reserving requirements, flexibility and economic environment, the Gecalux Group has developed captive management services based in reputable European domiciles: Luxembourg, Switzerland, Guernsey and Ireland.

Each of these domiciles has the following characteristics:

• international financial centres
• attractive regulatory environment for captives
• direct access to supervisory authorities
• implementation of best practice
• compliance with specific taxation requirements
• flexible investment and financing environment

To continuously align the captive's evolution with its parent's strategic objectives, the Gecalux Group develops close cooperation with the captive sponsor and provides assistance for the selection, coordination and implementation of the necessary facilities, ensuring the successful operations of the captive.

Our captive management process provides each client with a multidisciplinary team, headed by the assigned account manager.This means that the parent of each captive benefits from a unique entry point and can rely on an exclusive partner ensuring the coordination of actions, information flows and continuous follow-up: